Singapore’s Poverty Reduction Effectiveness Assessment for ASEAN

DOI

10.2991/assehr.k.211020.218How to use a DOI?

Keywords

ASEAN, Singapore, FDI, Poverty Reduction

Abstract

As a regional organization in Southeast Asia, ASEAN is the fifth-largest economy globally, the fourth largest import and export trading region in the world, and one of the main areas for developing countries to absorb FDI. However, the extremely unbalanced economic development of ASEAN countries seriously hinders the integration of ASEAN. As the most developed country in Asia, Singapore plays a pivotal role in ASEAN. This article is intended to build a logical relationship and an empirical analysis with qualitative research to explore Singapore’s contribution to ASEAN poverty reduction. Based on literature review and descriptive data from the websites of ASEAN and Singapore’s government, this article compares the poverty rate of ASEAN countries before and after Singapore’s economic assistance. The following conclusions are drawn according to SDGs standards. Although Singapore’s economic aid has not succeeded in achieving complete poverty reduction in ASEAN, these projects bring benefits to ASEAN and bring considerable economic power and political influence to Singapore itself. Therefore, Singapore’s poverty reduction projects for ASEAN will continue to flourish in the future. Based on the existing literature and data, the research of this article makes a specific analysis of the example of ASEAN, showing that FDI is not the decisive reason for poverty reduction. That effectively breaks through the theoretical assumptions and shows the complexity and uncertain variables of the real situation in international relations research.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ning Liu
AU  - Peijie Wang
AU  - Miaoqi Zhang
PY  - 2021
DA  - 2021/10/21
TI  - Singapore’s Poverty Reduction Effectiveness Assessment for ASEAN
BT  - Proceedings of the 2021 International Conference on Public Relations and Social Sciences (ICPRSS 2021)
PB  - Atlantis Press
SP  - 569
EP  - 574
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211020.218
DO  - 10.2991/assehr.k.211020.218
ID  - Liu2021
ER  -